Millennium Tower Condo Rents for $10,000 Monthly

A 773-square-foot one-bedroom on the 23rd floor of San Francisco's Millennium Tower was leased for $10,000 per month after its owners chose to rent it out.

Updated on Nov. 1, 2026 in Apartments

Millennium Tower Condo Rents for $10,000 Monthly

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A one-bedroom condo on the 23rd floor of Millennium Tower in San Francisco rented for $10,000 per month. The owners had bought the 773-square-foot unit in August for $660,000 and later decided to rent it out.

Why it matters

The rent reflects strong demand for upscale housing near the city's workplaces and shows how resale owners are testing the rental market. Listed asking rents for the unit had already been lowered from $6,800 to $6,400 before the lease was signed.

The 773-square-foot unit was bought in August for $660,000 and first listed at $6,800 per month before its asking rent fell to $6,400 in mid-October. The $10,000 monthly rent exceeded the last asking rent of $3,600 recorded in 2022 per Zillow, and the building's resale inventory ranges from $650,000 to $6 million across 10 units.

The players

Millennium Tower

A luxury high-rise condominium building in San Francisco offering an Olympic-sized lap pool, spa, steam rooms, and a 2,500-square-foot gym.

The details

The owners decided to rent out the unit after a change of plans by their son. The renter, who works in AI near the building, offered $10,000 per month and a November 1 move-in date to secure the unit while lease negotiations were underway with another prospective renter.

August: Owners purchase the unit for $660,000.
2022: Last recorded asking rent is $3,600 per month per Zillow.
Mid-October: Asking rent is lowered to $6,400 per month.
Nov. 1: Requested move-in date for the new renter.

Market Landscape

The $10,000 lease is nearly triple the $3,600 last asking rent that Zillow recorded for this unit in 2022, showing how sharply prices can move for a single luxury condo. The gap between that earlier listing and the rent achieved here illustrates the pricing swing that can separate a resale unit's ownership cost from its rental value in a high-end San Francisco building.

Renters in San Francisco seeking upscale housing near major employers face rents that can exceed $10,000 per month for premium units in buildings like Millennium Tower. Owners of resale condos in the city may find rental income an alternative when a unit is not being occupied by its owner.

The takeaway

Prospective renters in San Francisco should expect asking rents to be negotiable and can compare current listings on Zillow before committing to a lease.